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Lessonly Secures $15M in Series C Round of Financing
Lessonly, an Indianapolis-based online training platform has raised $15 million in Series C round of financing
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CIO Applications | Friday, April 10, 2020

Lessonly, an Indianapolis-based online training platform has raised $15 million in Series C round of financing
Fremont, CA: Lessonly, an Indianapolis-based online training platform has raised $15 million in Series C round of financing. The funding round was led by AXA Venture Partners, with participation from Allos Ventures, Atlas Peak Capital, Rethink Education, and The Yard Ventures.
"Lessonly's easy to use software helps companies increase sales and delight their customers," said Alex Scherbakovsky, General Partner and Lessonly board member. "We are proud to partner with Max and the Lessonly team to scale the company globally," added he.
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"I'm proud of our company and mission," said Max Yoder, Lessonly's CEO, and co-founder. "And I am grateful to everyone who made this possible."
In addition to its existing offerings, Learn and Practice, the company will launch Assess in mid-2020. Assess will enable learners to demonstrate proficiency in existing skills and hone those that need improvement. This "skills engine" will guide learners to the lessons, practice scenarios, and certifications they need to advance in their careers and deliver apt value for businesses.
"We are committed to investing in SaaS companies that empower their customers and users to 'be their best'," said Hilary Shirazi, director, corporate development, at Zendesk. "We are impressed with how Lessonly helps customer-facing employees excel at their craft and do better work every day. We look forward to furthering our support of an already great partner who is working to enhance the customer experience for companies, and customers, everywhere."
The company has found a strong foothold among the multi-billion dollar sales and customer service enablement industries by supporting revenue leaders who train thousands of representatives every year via on-demand, remote, and live training-like Mark from Jostens.
"Lessonly was so user-friendly, right off the bat. It was so flexible and met our needs. Lessonly was interested in more than just delivering a platform," said Mark Bussell of Jostens, "They were interested in partnering and walking along the way with us."
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